CSI is a best of breed specialty real estate services firm. Our primary focus is providing cost segregation studies in compliance with IRS guidelines. We do not practice as CPA’s. We do not prepare tax returns and we are not performing an accounting study. What we are doing is analyzing your real estate project, by breaking down blueprints, as-built drawings and cost data, to determine which elements can be converted to personal property categories, in compliance with the tax code, thus depreciable over a much shorter lifetime. These and other comprehensive cash-flow solutions are designed for developers, investors, owner users and financiers of commercial real estate across the United States. Our firm is comprised of individuals not only experienced in cost segregation, but with many years of experience as tax advisors, financial officers, consulting engineers, construction cost estimators, and real estate developers.
While we provide engineered cost segregation, working with you, your CPA firm, and other tax, legal and business advisors, our work is not just an after-the-fact service. We are recognized and called on to develop strategies and implement solutions that dramatically increase net cash flow. As such, we play an integral part in pre- and post-development, acquisition and ongoing management decisions that positively impact your bottom line. Contact Joel Grushkin at 858.922.1037 or email him at jgrushkin@costseganalysts.com for more information. Visit costseganalysts.com for more information.
2014 Tax Code Changes for Commercial Properties
June 1, 2026
October 12, 2012

Curt Gautreau and Joel Grushkin talk about how owners of commercial real estate can take advantage of new tax laws that come into effect in 2014 in order to lower their tax burden.Mr. Gautreau is the President of Cost Segregation Initiatives (CSI), and is based out of the company’s Baton Rouge office in Louisiana. Throughout his career, his accounting focus has been on emerging businesses. While this is a board area of accounting, he has narrowed it further to the specific aspect of real estate management and development.
Joel is San Diego Regional Director of CSI, a real estate specialty consulting firm, providing cost segregation studies and other cash-flow solutions to commercial property owners throughout the United States. For those of you who are not familiar with the term cost segregation – this is a study that helps reduce current income tax obligations by identifying and reclassifying personal property assets to shorten the depreciation time for tax purposes.
They talked about the tax code changes taking effect on January 1, 2014 and how they affect commercial real estate. These two experts will be giving real world examples of how these changes may help an owner recoup a large portion of the costs for a commercial property renovation for an existing project, and how they can apply this code section on properties purchased in the last several years.
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Increasing Cash Flow for Commercial Buildings with Joel Grushkin
August 3, 2026
Listen to Podcast of the Show The show welcomed back Joel Grushkin, the San Diego Regional Director of Cost Segregation Initiatives (CSI) for the third time. Mr. Grushkin has held a position with CSI since May of 2006, but his career in this industry spans all the way back to the early 1970s. It was as ...Continue ReadingCurt Gautreau and Joel Grushkin of Cost Segregation Initiatives
August 3, 2026
Listen to Podcast of the Show The show welcomed back Joel Grushkin (featured in photo), the San Diego Regional Director of Cost Segregation Initiatives (CSI), and the President of the Company, Curt Gautreau, joined him. Curt is based out of Baton Rouge, Louisiana and his accounting practice focuses on emerging businesses, primarily real estate management and ...Continue ReadingCommercial Properties and Taxation
August 3, 2026
January 17, 2015 A new year brings new tax code regulations. The show welcomed returning guest and sponsor, Joel Grushkin of Cost Segregation Initiatives (CSI). This was an important show for commercial property owners who want to minimize their tax liability. Mr. Gruskin is the regional director for CSI. CSI is a real estate specialty consulting firm ...Continue ReadingIncrease Net Cash Flow with Cost Segregation Initiatives’ Joel Grushkin
August 3, 2026
Listen to Podcast of the Show Joel Grushkin discussed cost segregation. Having more than thirty years of executive experience, Joel is currently the San Diego Regional Director of Cost Segregation Initiatives (CSI). Cost Segregation is the IRS approved method of re-classifying components and improvements of a commercial building resulting in a reduced income tax liability ...Continue ReadingJoel Grushkin, San Diego Regional Director of Cost Segregation Initiatives
July 31, 2026
October 15, 2016 This week Richard and Joe welcomed show sponsor Joel Grushkin, the San Diego Regional Director of Cost Segregation Initiatives (CSI). Joel brings nearly forty years of executive experience to the CSI organization. His background includes eleven years with Arthur Young & Company (now Ernst & Young) as a Principal and director of the ...Continue ReadingJoel Grushkin and Alex Goldstein, Real Estate and Cost Segregation Experts
July 22, 2026
Richard and Joe welcomed Joel Grushkin, the San Diego Regional Director of Cost Segregation Initiatives (CSI) and Alex Goldstein real estate agent, investor, and principal in over $50 million of land, commercial and residential real estate transactions. Joel Grushkin PhotoJoel Grushkin specializes in an aspect of commercial real estate called cost segregation, which is an IRS-sanctioned ...Continue Reading


